All Entries Tagged With: "GLD"
Why the CRB is Useless for Tracking Commodity Prices
In 2006 the weightings in the CRB changed dramatically…..
GLD (Gold Proxy)
GLD fills one of the gaps we speculated upon yesterday…..
Gold, Dollar & S&P Update
After a fierce equities rally on Friday, which I figured would happen, just not that strong; I have to wonder if there is some event or major decision in the works we don’t know about? Friday’s rally could be something simpler like window dressing by the funds. This is when the funds buy up all [...]
SP500 & Gold At Crucial Pivot Points
Wednesday was a big session with better than expected manufacturing surging the market 3%. In this article I will do a quick technical take on the current situation for the SP500 and gold as they are both trading at a key resistance level. also its important to know what type of price action we will [...]
High Volume Resistance Plagues Precious Metals, Oil & SP500
Last week was a relatively strong week for stocks and commodities. Although the SP500 closed slightly lower on the week the……..
Gold, Silver, Oil & SP500 ETF Trends & Reversal Levels
Trading commodities and indexes through the use of exchange traded funds sure keeps things simple for an average trader……
Weekly Gold, Silver, Oil & Natural Gas Analysis
Last week was nothing special as stock market continued to drift higher on light volume and the Volatility Index (VIX) reaching a new multi year low. This mix of higher prices on light volume, multi year lows in the VIX and an overbought market paints a clear picture to a market technician – Be Ready for a Pullback!
Gold, Silver, Oil and Natural Gas Mid-Week Trading Charts
…So far this week has been pretty slow. Large cap stocks continue to lag the market which can be observed by looking at the Dow Jones Industrial Average which still has room to move higher before breaking the January high…
Gold & S&P 500′s One Candle Rebound to Riches
On February 5th we had extreme panic selling with nearly 35 sell orders for every 1 buy order on the NYSE. That extreme panic and dumping of shares was the day we jumped into the market and we nailed the bottom…..
Weekend Gold, Silver, Oil & Index Charts
Since this panic selling low in February 2010 we have seen stocks and commodities work their way higher, which we expected. Overall the broad market looks as though it’s trying to make a move higher…..